transactions: Grow Your Database! - 08/07/08 12:01 PM
We discussed real estate numbers and the concept of creating an E-Farm. One of my favorite books (still!) is the Real Estate Rainmaker, by Dan Gooder Richard. It clearly explains the concept of growing a large database of prospects. He even described (what has been used as an industry standard since
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transactions: Monday...Month end is here... - 07/28/08 11:22 AM
Well the end of the month is upon us... Hopefully you had a great month. Rates are holding at the 6.625%, they have been hovering between 6.625% & 6.75% for about a week and a half. The governemnt has been doing a great job of messing with the housing market and it
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transactions: TransactionDesk + MLSAdvantage = Paper-Free Contracts & Listing Agreements - 07/24/08 10:53 PM
I recently attended a training class on TransactionDesk and MLSAdvantage. I learned plenty about the great resources that FAR.org are offering for making our offices more PAPER FREE.
For those of us fortunate to have access to MLSAdvantage (our board, Englewood Board of Realtors pays for it), it has a
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transactions: 1031 Tax Group "Mantra": "The plaintiff's money has 'disappeared' and recovery is unlikely - 07/08/08 05:44 PM
What has become an all to familiar phrase in the Ed Okun 1031 Tax Group (IXG) ponzi scandal, seems to be the dreaded mantra: "The plaintiffs' money has disappeared and recovery is unlikely." Those were the words recorded in court hearings in Colorado this past month in regards to the embezzlement
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transactions: An Attorney's Point of View: The VALUE of a GOOD Buyer's and Seller's Agent - Why You Need One! - 07/03/08 01:34 PM
[REVISION 7/4/08 (original post 7/3/08): The purpose of this post is to educate the public regarding the value a GOOD agent will bring to the transaction, why their fees are justified and how to find a GOOD agent]
Over the past few days there has been a HEATED ongoing debate regarding whether agents
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transactions: Licensed Transaction Coordinator here to help! - 07/02/08 03:01 PM
ITM is operated by a licensed Realtor with more than seven years experience and hundreds of transactions closed. We find joy in helping our agents be successful, organized, and on track.
We take pride in the organization of each file and realize how important every single step is to get the
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transactions: Team Effort "GO TEAM GO" - 05/27/08 08:04 PM
If you actually close an escrow transaction you must have TEAM EFFORT. You either have good team players or bad ones. Your team consists of one or two agent/realtors, possibly an escrow coordinator, a buyer, a seller, a lender and a title officer. Now you have a TEAM. I suggest working together as a
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transactions: Moving in the Right Direction - 05/27/08 05:28 PM
When I first started real estate some years ago (like 1979!) I was taught some very basic premises, that I use to this day. When I side step or try to bend my rules - there is usually trouble. I know I have a great committed client, when they follow the necessary steps to
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transactions: TUG-O-WAR Transactions - 05/01/08 02:08 PM
A Real Estate Transaction is challenging enough as it is! Do we need to play WAR? It never ceases to amaze me. For the most part, the beginning of the real estate transaction begins relatively smooth. As it transpires, however, that is when you begin to see the true colors when it comes
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transactions: Insurance Issues - 04/21/08 11:26 AM
Working with many Realtors and Mortgage Brokers for the last five years have brought to my attention that many of people involved in their clients transactions, and even the clients themselves are neglecting one important item that many times prevents them from closing on time, which of course in chain reaction
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transactions: 188 Hours - 04/19/08 08:19 AM
I know, this sounds like an Al Pacino movie but NO! It's length of my "so-far" fastest transaction ever! In one day, we looked at nearly every two-story, 100 year old home on the market, found one acceptable to the buyer and wrote a contract. Seven days and 20 hours later,
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transactions: The Real Estate Connection - 04/13/08 04:33 PM
I am hearing more and more that Real Estate Agents are being viewed as car salesman. I don't know about you but I haven't invested my time and money in an industry that I love to be viewed to prospective clients as a "car salesman". I know that the market is
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transactions: Clear Close - Tip #3 - 03/14/08 02:30 PM
I got not a 1 comment on the Third Party Financing Addendum blog...interesting! Either people don't know the real purpose behind this particular addendum, or they feel the same waythat I do. Let's see what happens over the weekend. So what is tip #3 in order to help ensure a clear close
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transactions: Why some agents become agents? - 03/13/08 02:15 AM
Being in real estate for very short time not even a year I have closed 10 transactions and I think that I made a lot of people happy, but I also working with a several different agents from which someone is very nice and easy to work with and someone was
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transactions: MS Gulf Coast Stats|Trends and Interpretation|Agents, Lenders, Researchers - 03/01/08 01:36 PM
Public Post March 1st, 2008 In making out my "Know My Surf and Turf" plan for the week, I decided focus on vacant homes first would be fun and enlightening, plus with vacant homes appointments are seldom required. Some buyers I have worked with in the past prefer vacant homes over occupied,
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transactions: Park City Year-end Sales Statistics - 02/06/08 03:43 PM
Park City Year End Stats The Park City real estate market is compiling its year end data. Spin is surely soon to follow.
The two graphs here can tell different stories. There are more available Park City real estate listings on the market currently, and this number has been on
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transactions: Software: Moving Your Transactions In WINForms® Desktop - 01/23/08 03:34 PM
Do you know where your WINForms® Desktop transactions are stored? The default folder path is C:\WINDOWS\Application Data\RE FormsNet\Depot\Local\MasterThis path is difficult to remember and unless you backup your entire local drive, you probably aren't backing up your WINForms® Desktop transactions.Have you ever tried changing the default folder path? Like many processes, it is
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transactions: Just Say No To One Deal Clients, Climb the Mountain of Success by Focusing On 20% - 01/12/08 03:04 PM
I was reading an article about cost effective ways to increase profits and came across some great statistics. We are all familiar with the 80/20 rule, or at least should be. The ideas that 20% of the people are responsible for 80% of the income, and 80% of the people make
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transactions: Borrowers and Consumers are Terrible People and To Blame for the Current Housing Market - 01/02/08 10:07 PM
Lets see, who can we blame, its time to kick some one off the island and we must light that flame. The chaos and controversy surrounding it all, is nothing more than sound and fury raging in the Congress' hall. The bubble has burst and the empty rubber did fall, surprisingly
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transactions: What were your toughest, quirkiest,most memorable transactions this year? - 11/25/07 08:04 PM
This year really flew by! In these challenging times it seems that not one deal was "easy". My toughest deal this year began with a listing taken in December 06. ( House A). The buyer for house A has a house to sell which isn't yet on the market.. so I take
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transactions: We did it! We found a house! Not so fast... - 11/24/07 11:20 AM
Think finding the house is the goal? Think again. That is just part of the puzzle. First you need a contract to offer to the seller. Just 10 years ago, the purchase and sale agreement (the contract for purchase) on my home was just 2 pages long. Currently, a common contract
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transactions: The Fastest Closing - 11/02/07 02:52 PM
I was just thinking back to the most interesting transactions I have had and came across a file that I didn't even think I had anymore. It was back in 2006, when the market was really hot in So Cal. A gentleman came in to see us, without an appointment, and
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transactions: Working together to close the transaction - 10/30/07 02:53 PM
I just received an angry message from another team member on a sales transaction. She had emailed a disclosure for our client to sign several times during the course of the sale and we never followed through! She assumed we were ignoring her requests, when in reality, we never received the request!
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transactions: There Are Too Many Agents Here - 10/23/07 07:54 PM
Here are the facts. Over the last couple of years we have seen a decrease in the number of transactions and an increase in agents. Below is a graph charting the increase of agents versus the decrease of transactions. All of the numbers are as reported by NAR. It shows that
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transactions: Increase Your Volume By Hiring A Virtual Assistant - 10/16/07 08:07 AM
Increase your volume! Isn't that what all agents strive to do-more volume equals more commissions. The only problem is a single agent can only handle a limited number of transactions or listings at a time. A single agent is limited to the amount of work they alone can produce and that
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transactions: Co-Broke is our business - 09/30/07 06:31 PM
Whether you love it or hate it, it is a part of our business Remember these simple steps when co-broking: 1) Always be nice to the other agent! Even if it is bad news they are bringing to you, think about it do you really think that want to be telling you
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transactions: Avoiding Sour Negotiations - 09/08/07 11:29 PM
Negotiating can be tough. It is more an art of applying techniques to each unique transaction rather than cut and dry responses. With home sales, each home has a person behind it with emotions that can be triggered either positively or negatively. Whether I am the agent for the buying or
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transactions: Smoother Transactions - 09/01/07 12:48 PM
One of the other things I got from a panel discussion at Mega Camp was. When you are at the listing presentation and you are going over the net sheet with the seller. Add a line for inspection repairs. As the market shifts and inventories pile up some buyers have more
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transactions: The Ebb & Flow Of Deals In Today's Market - 08/17/07 10:50 PM
Remember the days when deals went smoothly? The buyers would make an offer in the neighborhood of the asking price (sometimes even higher); the sellers would accept an offer and possibly have back-up offers just in case any problems arose. It seems that those days have come to a crashing halt
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transactions: Parkside Neighborhood Update - 08/15/07 04:10 PM
Parkside Neighborhood Update August 15, 2007 These are the Active, Pending and Closed real estate transactions for Chapel Hill's Parkside neighborhood for 2007. If you have any questions about any of these homes, please call or email The Rogers Team. If you would like to receive email notifications of real estate transactions in your
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transactions: CAN YOU BEAT THIS # ? ? ? - 08/04/07 07:10 AM
Who wins the record for the greatest number of counter offers? Remember the time when the original offer was passed back & forth with changes hand-written in & initials & date & time noted on that same document? Sometimes that untidy document served as the final governing agreement or either an
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transactions: A loss for words...perhaps better? - 07/21/07 10:15 PM
Hello everyone! I have not been able to write so many posts this week, but it will most likely turn out for the best. I have three deals in escrow. Each of them have gone through the wringer this week, going to close, then falling through, then NOT falling through. Back
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transactions: North Carolina Real Estate, HEY, Y'ALL!! We're getting new paperwork!! - 07/17/07 09:26 PM
In our team meeting today, we spent about an hour going over the 2007 edition of North Carolina Standard Form 2-T, Offer to Purchase and Contract. You know, if we would all just be good, we would likely have a LOT less paperwork to contend with. They have carried a lot of
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transactions: Make Them an Offer They Can't Refuse - 06/03/07 09:37 AM
A good assistant can make all the difference in the world. It can be the difference between doing fine and doing great, between breaking even and being profitable. So what's the best way to get (and keep) someone good? Make sure they're well compensated. Here are a few tips to make
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transactions: Recorded Transactions - 05/22/07 06:42 AM
On Sunday, May 20 the Philadelphia Inquirer posted their updated report on all real estate transaction in Camden County recorded up until March 28th, 2007. One of the most common questions asked by community members is "What did that home sell for?" Now you can find out! The list of recorded transactions
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transactions: The Benefits of Sugar Pine Realty's Transaction Management System - 05/21/07 10:32 AM
For Sugar Pine Realty agents: By now you're all experts with Transaction Point, Sugar Pine Realty's transaction management system. Right? No matter if you're an expert or not, it is true that Transaction Point offers numerous benefits to the escrow and closing process. For one thing, all vital documents are stored
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transactions: RIS Media Says - One in Four Agents Should Go - 05/18/07 08:11 AM
OK this is two times in a row that I am posting a RIS MEDIA article but I know that some people do not get this in there inbox. We just have a post about discount brokerages being the anti-Christ and the internet will continue to change the business. I would
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transactions: REALTORS®Land Institute: "Under All There Is The Land" Count me in! - 05/12/07 01:07 PM
I just finished two days of Land 101 at North Carolina Association of Realtors in Greensboro, NC. Good Stuff, I'm joining RLI, and I'm looking forward to getting deeper into 1031 territory at the first opportunity. Lou Jewell, the Landman, and Dale Fulk from Rogers Realty & Auction Co., Inc. taught, and it was
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transactions: Handling Transactions - 05/07/07 10:50 AM
We would like to ask you a few questions: Do you know what TO DO during a transaction? Do you know what NOT to do during a transaction? Without a clear cut plan, how can you make sure that you don't create problems during the course of handing a transaction? When
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transactions: Lesson #12: Don't Get Stuck with the Old Maid - 03/16/07 06:03 PM
Do you remember this game from when you were younger? All the players passed around cards, until eventually someone was left with the Old Maid. Real estate transactions remind me of this game, except we don't just pass around the "Old Maid" with sly looks and smirks on our faces. Instead,
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transactions: This Deal should have been a Slam Dunk - 02/28/07 07:57 PM
We had realtor bring us an offer on one of our listings, the seller accepted the deal, but required to see credit scrores and we did get a loan commitment with usual outstanding conditions to be met. 3 credit scroes were mid 7's and high 6's.should be a slam dunk. Originally the seller
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transactions: More Questions Than Answers - 02/02/07 09:15 PM
More Questions Than Answers By: Curt Swearengin www.icouldbeyours.com www.amcapholdings.com The burning question that I am asking is what are the advantages and disadvantages (if any) to split the title transaction on a purchase? Question? What exactly is RESPA Section 2608? Answer ? Although the choice of title company is often made by the listing agent, federal
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transactions: I'm Okay, You're Okay...(glancing over shoulder) - 01/29/07 05:13 PM
Fact. There are folks with mental illness among us. You have listed property with sellers that have a tad of mental illness. You have dealt with stressed, paranoid buyers that are obsessed with the process happening warp factor five...like a life and death situation. Their head is a scary place.
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transactions: Let's Start a Lively Discussion About Real Estate Systems - 01/19/07 06:27 PM
So, what's with all the recent posts from Ray Cobel in the Real Estate Virtual Assistants Group? In a nutshell, I'm trying to stimulate some discussion synergy. If you haven't tied them together already, you'll soon see that this series of posts has to do with why and how both agents and
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transactions: A New Meaning to SHOT GUN - 01/03/07 12:42 AM
A New Meaning to SHOT GUNby John Occhi, Hemet REALTOR®I was just reading some industry news on a topic that both fascinates and scares me simultaneously - mortgage fraud. The ‘newest' trend is not new at all, it's just that there are some new players in the field. The term is called
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transactions: Professionalism vs. Amateurism - 12/27/06 04:00 AM
Professionalism vs. Amateurism By John Occhihttp://www.johnocchi.com/ John Occhi (www.JohnOcchi.Com) is a California licensed Real Estate Agent and Realtor with Keystone Eeal Estate Services Realty servicing the Hemet San Jacinto Valley. In his first full year in Real Estate he outperformed the national average for all Realtors by 400% closing on 24 transactions. John practices, "Excellence
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transactions: We Rule! - 12/16/06 05:54 PM
I attended the recent Red Carpet Rendezvous in part, because I am never satisfied with how much I know or have learned. Never. Also, I am taking my MSRE Broker exam this Monday Morning, so I thought the classes would help sharpen me up for the exam, and prepare me for
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transactions: Warning--Blogging Breakdown! - 12/02/06 10:05 PM
I have several unrelated thoughts I want to share with you. (Breaking of -stick to a single subject rule-). #1 I think I am missing a button or two from my edits menu. I cannot change text size and it drives me nuts. #2 I may never write again. There are so many
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transactions: Back to the Basics - 10/30/06 01:10 PM
In the Real Estate industry, I think it is very easy for everyone to get distracted with all of the "bells and whistles" out there. I believe that many have lost focus of the important things that REALLY DO MATTER. What do our clients care about most? I propose, going back
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transactions: Designations - which first and why? - 10/10/06 11:25 AM
Which designation first, and why? I suggest taking the CRS classes as soon as you can - they will help you attain the production requirements needed for the ABR and the CRS more quickly than if you wait to take the CRS classes once you have fulfilled the production requirement. ABR - 5
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transactions: Appraisals and art, and sometimes it is painful - 08/14/06 09:38 PM
In reading a Realty Times article this afternoon, I couldn't help but reflect that problems with insufficient appraisal nearly ruined two transactions for me this year. In the shifting market, it is becoming a much more prevalent problem, but it is important to remember that appraisal is an art and not
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